Craftsman is a well-known brand in the field of tools and equipment, recognized for its quality and durability. Over the years, the brand has built a loyal customer base, making it a staple in many households and professional settings. However, with the changing landscape of the tool industry and the emergence of new competitors, some people may wonder about the current status of Craftsman.
Is Craftsman still in business? Yes, Craftsman is still in business. The brand continues to operate and produce a wide range of tools and equipment. In recent years, Craftsman has undergone several changes, including ownership transitions and strategic partnerships, but it remains an active and prominent player in the market.
Ownership Changes
In 2017, Stanley Black & Decker acquired the Craftsman brand from Sears Holdings. This acquisition was a significant move as it allowed Stanley Black & Decker to expand its portfolio and leverage Craftsman’s strong reputation. The transition aimed to revitalize the brand and introduce its products to new markets. Since then, Craftsman has continued to innovate and release new products under its new ownership.
Product Range and Availability
Craftsman offers a diverse range of tools and equipment, including hand tools, power tools, lawn and garden equipment, and storage solutions. The brand’s products are widely available through various retail channels, including major home improvement stores, online platforms, and authorized dealers. Craftsman’s commitment to quality and durability remains a core aspect of its identity, ensuring that customers continue to trust and rely on its products.
In addition to its traditional product lines, Craftsman has also expanded into new categories and introduced innovative solutions to meet the evolving needs of its customers. This adaptability has helped the brand maintain its relevance and competitiveness in the industry.
Overall, Craftsman remains a strong and active brand in the tool and equipment market. Despite the changes in ownership and market dynamics, it continues to deliver reliable and high-quality products to its customers.